Pinellas County Housing Inc

Analysis

Pinellas County Housing Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pinellas County Housing Inc reported income of $783k and spending of $716k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $333k to $783k (+135%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 146%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pinellas County Housing Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Interim Housing Association ($782k), West Village Retirement Community Inc ($783k) and Senior Citizens Housing Development Corporation of South Boston Inc ($782k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 13% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.6m against liabilities of $2.3m, net assets of -$657k.